Have your say - fundamental review of NZX Listing Rules

NZX has this morning released a discussion document outlining its much anticipated NZX Listing Rules review – the deepest and most fundamental since 2003.

We encourage all listed issuers and other interested parties to engage during the consultation process, which runs until 17 November.

NZX has published a survey to allow feedback as an alternative to the traditional written submission. It is also asking for comments on any other aspects of the rules that aren’t working well. It is also asking for comments on any other aspects of the rules that aren’t working well.

Key points

NZX has confirmed that it is likely to move to a single equity market, the NZX Main Board, but with differential standards for equity issuers – the approach adopted by the LSE and the UK Listing Rules.

Feedback is sought on both the branding for the different types of issuers and how eligibility for the differential standards should be assessed.